Process-based trade rules are a slippery slope since perceptions of efficacy can vary greatly. Since global fisheries are being depleted at a rapid rate, the WTO has spent many years fruitlessly pursuing an agreement to eliminate subsidies for certain forms of fishing, albeit with exemptions for developing countries. Fish meal contributes to over-fishing by allowing by-catch to serve as further economic inventive for indiscriminate haul-in. Certain species of farmed fish will not tolerate vegetable-based protein and require fish meal but almost half the fish meal production goes to animal feed and even fertilizer. Since amino acid structures can be adapted to most livestock and a substantial amount of fish farming, fish meal is unnec...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.